National Healthcare Properties (NASDAQ:NHP) Coverage Initiated by Analysts at Huntington

Stock analysts at Huntington assumed coverage on shares of National Healthcare Properties (NASDAQ:NHP) in a research note issued to investors on Friday. The brokerage set an “outperform” rating and a $18.00 price target on the stock. Huntington’s target price would indicate a potential upside of 15.68% from the stock’s previous close.

NHP has been the subject of a number of other reports. BMO Capital Markets started coverage on National Healthcare Properties in a report on Monday, May 18th. They set a “market perform” rating and a $17.00 price target for the company. Citigroup began coverage on National Healthcare Properties in a report on Thursday, May 28th. They set an “outperform” rating on the stock. Robert W. Baird initiated coverage on National Healthcare Properties in a research note on Monday, May 18th. They issued an “outperform” rating and a $17.00 target price for the company. The Goldman Sachs Group assumed coverage on National Healthcare Properties in a research note on Monday, May 18th. They issued a “buy” rating and a $20.00 target price for the company. Finally, Royal Bank Of Canada initiated coverage on National Healthcare Properties in a report on Monday, May 18th. They issued a “sector perform” rating and a $15.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, National Healthcare Properties has a consensus rating of “Moderate Buy” and a consensus target price of $17.33.

National Healthcare Properties Trading Up 2.5%

NHP opened at $15.56 on Friday. The company has a market cap of $1.13 billion and a price-to-earnings ratio of 11.52. National Healthcare Properties has a twelve month low of $11.25 and a twelve month high of $16.14. The stock has a 50-day moving average price of $14.54.

National Healthcare Properties (NASDAQ:NHP) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.27) earnings per share for the quarter. The firm had revenue of $86.29 million for the quarter.